Promoting Home Ownership Archive

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index in October reaches a new high while it is up 5.6 percent from a year earlier. But what does this...

In the latest HOME (Housing Opportunities and Market Experience) Survey, 96 percent of buyers 34 and under answered yes to the question: “Do you ever want to buy a home in the future?” Millennials are already the largest group...

Based on the American Community Survey 2014, the typical homeowner is 45-54 years old, married, and lives in a single-family detached unit. In contrast, the typical renter is 25-34 years old living alone in multi-unit structures (mostly with 5-9...

The changes of another recession are essentially 100 percent—at some point in time we will almost certainly have another recession. What does this mean for homeownership? In the case of homebuyers, possibly much less than one would think. The...

Some people who should not buy a house: for example, anyone who is planning to move in a few years. People with overextended credit are also probably not good candidates for homeownership. However, home ownership—instead of renting–appears to be...